Non-deliverable forwards (NDF): A strictly risk-transfer financial product similar to a forward rate agreement, but used only where monetary policy restrictions on the currency in question limit the free flow and conversion of capital.
Although economical, these programs pose several issues in the long run, similar to wasted time and assets and inefficient administration of documentation.
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This method is called direct finance.
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Non-deliverable forwards (NDF): A strictly risk-transfer financial product similar to a forward rate agreement, but used only where monetary policy restrictions on the currency in question limit the free flow and conversion of capital.
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Although economical, these programs pose several issues in the long run, similar to wasted time and assets and inefficient administration of documentation.
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